What does the term “Monetizable Views” mean when it pertains to the YouTube Sound Recording Revenue collection service or the YouTube Art Tracks store?

Monetizable Views pertains to YouTube Sound Recording Revenue collection service and YouTube Art Tracks in the following ways:

If an ad is placed on a video, the sound recording on that video generates revenue from that ad. That is a “Monetizable View.”

If a user has paid a monthly fee to view YouTube without ads, the sound recording on the video they view generates revenue through the viewer’s monthly subscription fees.

Keep in mind, not all video views have ads placed on them. Ad placement depends on various factors, such as: 1.) The territory of the viewer. 2.) The user experience (there’s a limited number of ads per viewer). 3.) Various copyright policies.